Cliff? Ha! A Fiscal Mountain Range if Medicare Isn't Cut
Already exhausted by the fiscal cliff drama? Then pray for a major entitlement overhaul.  Otherwise the forecasted explosion in Medicare and Medicaid will continually destabilize the government’s finances and put rival lawmakers on a perpetual loop of having to negotiate big fiscal deals with each other. Hamilton Place Strategies a DC-based policy advisory firm lays out the case in a new report. Their analysis notes that the tax hikes being pushed by President Obama would last well after the 10-year timeframe being discussed but the debilitating increase in entitlement spending really ramps up after 2023. “Without entitlement reform no ...
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